MindWalk Holdings (HYFT) Operating Expenses (2020 - 2026)

MindWalk Holdings (HYFT) reported Operating Expenses of $4.4 million for Q1 2026, down 76.41% year-over-year from $18.8 million in Q1 2025, and up 112744.7% quarter-over-quarter from $3919.4 in Q4 2025.

MindWalk Holdings (HYFT) Operating Expenses (2020 - 2026) Analysis & Trends

MindWalk Holdings (HYFT) has 7 years of Operating Expenses data on file, last reported at $4.4 million in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $4.4 million, down 76.41% year-over-year; the trailing twelve-month figure through Jan 2026 was $4.4 million (down 99.9% YoY), and the FY2025 annual result was $33818.2, down 99.89% from the prior year.
  • Operating Expenses rose to $4.4 million in Q1 2026 per HYFT's latest filing, from $3919.4 in the prior quarter.
  • Over five years, Operating Expenses peaked at $5.1 billion in Q3 2023 and troughed at $3919.4 in Q4 2025.
  • A 5-year average of $559.9 million and a median of $5.6 million in 2023 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2022 and 2025: Operating Expenses jumped 138078.72% in 2022, then tumbled 100.0% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $8.0 million in 2022, then plunged by 44.78% to $4.4 million in 2023, then declined by 9.91% to $4.0 million in 2024, then tumbled by 99.9% to $3919.4 in 2025, then jumped by 112744.7% to $4.4 million in 2026.
  • Business Quant data shows HYFT's Operating Expenses at $4.4 million in Q1 2026, $3919.4 in Q4 2025, and $4282.3 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Alterity Therapeutics 723,416.35 Bn 723,416.32 Bn - 4.33 Mn
2 Belite Bio 57,340.00 Bn 57,340.00 Bn - 32.68 Mn
3 Quantum Biopharma 19,125.08 Bn 19,125.08 Bn - 2.97 Mn
4 Legend Biotech 3,262.00 Bn 3,261.71 Bn 242.10 Mn -138.30 Mn
5 Akari Therapeutics 1,789.67 Bn 1,789.67 Bn - 15.76 Mn
6 Evaxion A 1,480.39 Bn 1,480.37 Bn - -3.82 Mn
7 Psyence Biomedical 241.78 Bn 241.78 Bn - 574,669.00
8 Vertex Pharmaceuticals 113.54 Bn 106.29 Bn 2.59 Bn 1.85 Bn
9 Abivax 94.26 Bn 94.26 Bn - -67.40 Mn
10 MindWalk Holdings 166.20 Mn 156.06 Mn 1.78 4.42 Mn

Historic Data

Download Data
DateValue
Jan 31, 2026 4.42 Mn
Oct 31, 2025 3,919.42
Jul 31, 2025 4,282.29
Apr 30, 2025 15,474.79
Jan 31, 2025 18.75 Mn
Oct 31, 2024 3.97 Mn
Jul 31, 2024 4.30 Bn
Apr 30, 2024 16.24 Mn
Jan 31, 2024 4.84 Mn
Oct 31, 2023 4.41 Mn
Jul 31, 2023 5.13 Bn
Apr 30, 2023 6.96 Mn
Jan 31, 2023 5.59 Mn
Oct 31, 2022 7.98 Mn
Jul 31, 2022 9.76 Mn
Apr 30, 2022 6.00 Mn
Jan 31, 2022 5.45 Mn
Oct 31, 2021 5,777.26
Jul 31, 2021 4.86 Mn
Apr 30, 2021 4.67 Mn